Architectural & Engineering. (11/2015 ... Private sector jobs accounted for nearly 79 percent - or an increase ... S
MONTHLY EMPLOYMENT
November 2016
UNEMPLOYMENT
The California Employment Development Department (EDD) released county employment data today for November in addition to revised data for October. This month’s data shows that San Diego’s economy continues to grow after the summer’s seasonal slump. The unemployment rate dropped sharply in November to 4.3 percent from 4.7 percent in October; the lowest since May and 0.7 percentage points lower than a year ago. San Diego’s unemployment rate remains lower than neighboring metros and the state, and is now below the national rate of 4.4 percent. The labor force declined by 2,300 in the month, but remains on an upward trend for the year - up 27,500 compared to a year ago.
Historical Unemployment Rate San Diego & Select CA Metros
Source: California Employment Development Department Note: Data not seasonally adjusted.
Unemployment rates dropped for each of the 18 cities, as well as the unincorporated areas of the county. Six jurisdictions have unemployment rates that are lower than the regional rate.
Unemployment by Jurisdiction
Jurisdiction
San Diego Region Carlsbad
Labor Force
1,597,600
Employment Unemployment Rate*
Percentage Growth in Employment in San Diego County, Select Sec Percentage Growth in Employment in(11/2015 San Diego County, Select Sectors to 11/2016) (Nov 2015 to Nov 2016)
1,528,200
4.3%
Architectural & Engineering
55,200
53,000
3.9%
Real Estate & Rental & Leasing
123,300
116,500
5.5%
Coronado
9,000
8,800
2.5%
Leisure & Hopsitality
Del Mar
2,700
2,700
0.4%
Chula Vista
El Cajon
47,100
44,100
6.3%
Encinitas
33,900
32,700
3.5%
Total Nonfarm (SD)
Escondido
70,800
67,700
4.4%
Construction
Imperial Beach
12,400
11,600
6.8%
La Mesa
31,300
29,900
4.4%
Lemon Grove
12,700
12,000
4.9%
PST Services
National City
25,200
23,800
4.4%
Manufacturing
Oceanside
84,100
80,300
4.5%
Poway
26,200
25,500
4.9%
718,000
688,300
4.1%
San Marcos
41,800
40,400
4.4%
Santee
29,700
28,400
4.3%
Solana Beach Vista Unincorporated Area
7,000
6,700
4.4%
44,600
42,900
3.9%
222,600
212,900
4.4%
* Arrows indicate the monthly directional change in unemployment rate. Source: California Economic Development Department
5.0% 4.0%
Healthcare & Social Assistance Total Private (SD)
San Diego
6.3%
2.6% 2.1% 2.2% 2.1%
Information
1.3% 1.3%
-0.8% -1%
1%
3%
5%
7%
Source: Employment Development Department Source: California Employment Development Department; San DiegoCalifornia Regional EDC
Overall, employment growth was primarily driven by the private sector. Private sector jobs accounted for nearly 79 percent - or an increase of 24,400 jobs - of the total growth over the past twelve months.
November 2016 EMPLOYMENT TRENDS
Total nonfarm employment increased by 12,100 jobs, slightly more than the same period in 2015. This is consistent with past seasonal bumps, as businesses staff up for the holiday shopping season. Year-over-year nonfarm employment is up 30,900, or 2.2 percent. The region’s leisure and hospitality industry saw another month of growth, adding 1,700 jobs in November, as well as the largest year-over-year gains with 7,300 jobs. Health and social services added 4,400 jobs, while manufacturing lost 900 jobs over the year.
Sector Trends
Monthly Employment Change 7,000 5,000 3,000
Leisure & Hospitality
1,000
Health Care & Social Assistance Professional, Scientific & Technical Services
-1,000
Manufacturing Construction
-3,000 -5,000 -7,000
Source: California Economic Development Department Note: Data not seasonally adjusted.
JOB POSTINGS
There were 953,663 total job postings in September 2016, of which 131,680 were unique. This means that on average, employers are posting the same job more than seven times.
Who’s Hiring? Top 10 Companies by Unique Posting Company
Available Jobs Top 10 Occupations by Unique Posting Occupation
Unique Job Postings
Uber Baby LLC
1,011
University of San Diego
1,007
General Atomics
597
Oracle Company
548
Qualcomm
545 2,923
2,697
Robert Half International Inc.
536
Unique Job Postings
Truck Driver (Transportation and Material 4,328 Moving) Retail 4,328 Sales Associate (Sales and Related) 3,936
3,936
3,881 3,551 Registered Nurse (Healthcare Practitioners and Technical) 3,456
2,922
2,054 3,881
1,416
3,598
3,428
3,598 3,551 3,456 3,428 Software Engineer (Computer and Mathematical) 2,923 2,922 2,697 2,646 Customer Service Representative (Office and Administrative Support) 2,386 2,646 Commercial Driver’s License (CDL) Driver (Transportation and Material Moving) 2,386
1,273 1,262 1,161 816
Restaurant Manager (Food Preparation and Serving Related)
748
463
Sales Manager (Sales and Related)
700
Aerotek
456
Sales Representative (Sales and Related)
612
Northrop Grumman Corp.
427
Physician (Healthcare Practitioners and Technical)
Scripps Health
480
Sharp HealthCare
425 Source: EMSI
NEW BUSINESSES
3,428
New Establishments, November 2016 Industry
Establishments (#)
Consultants To Business
69
Restaurants
69
Real Estate
53
Beauty Salons
49
Services
45
Real Estate Management
41
Construction Companies
33
Janitor Services
28
Management Services
27
Health Services
26
For more information, please contact: Kirby Brady, Research Director
[email protected] | 619-234-8 484 sandiegobusiness.org
Number of New Establishments new establishments (Nov 16)
3,313
New Establishments by Month Number of New Establishments 4,328 12 Month Average 12 Month Average 3,936 3,881 3,551 3,456 2,697
2,923
3,598
2,922 2,386
3,428 2,646
12 month average of new establishments
514
industries represented (Nov 16)
Number of New Establishments
Source: ReferenceUSA.com
12 Month Average
San Diego Regional EDC’s mission is to maximize the region’s economic prosperity and global competitiveness.
